Energizer Holdings, Inc. (ENR) Bundle
An Overview of Energizer Holdings, Inc. (ENR)
General Summary of Energizer Holdings, Inc. (ENR)
Energizer Holdings, Inc. is a global manufacturer of batteries, portable lighting, and other consumer products. Founded in 1896, the company is headquartered in St. Louis, Missouri.
Key Product Categories:
- Batteries (Energizer MAX, Energizer Ultimate Lithium)
- Portable lighting products
- Hearing aid batteries
- Automotive care products
Product Category | Annual Sales (2023) |
---|---|
Batteries | $2.4 billion |
Portable Lighting | $687 million |
Automotive Care | $412 million |
Financial Performance
Financial Highlights for Fiscal Year 2023:
- Total Revenue: $3.52 billion
- Net Income: $268.5 million
- Gross Margin: 44.3%
- Operating Cash Flow: $422 million
Financial Metric | 2023 Value | Year-over-Year Change |
---|---|---|
Revenue | $3.52 billion | +5.2% |
Earnings Per Share | $4.87 | +6.7% |
Market Capitalization | $4.1 billion | +8.3% |
Industry Leadership
Market Position Highlights:
- Global market share in batteries: 37.6%
- Number 1 brand in portable batteries in North America
- Presence in over 165 countries
- Over 130 years of brand history
Competitive Metric | Energizer Ranking |
---|---|
Global Battery Market Share | 37.6% |
North American Battery Market | 1st Place |
Global Brand Value | $2.9 billion |
Mission Statement of Energizer Holdings, Inc. (ENR)
Mission Statement of Energizer Holdings, Inc. (ENR)
Energizer Holdings, Inc. Mission Statement focuses on delivering innovative power solutions and personal care products globally.
Core Components of Mission Statement
Product Innovation
Energizer invested $80.2 million in research and development in fiscal year 2023. The company maintains 1,100+ active patents across battery and personal care technologies.
R&D Investment | Patent Portfolio |
---|---|
$80.2 million | 1,100+ active patents |
Sustainability Focus
Energizer committed to reducing carbon emissions by 25% by 2030. The company produces battery products with 4% recycled materials as of 2024.
- Carbon emission reduction target: 25% by 2030
- Recycled materials in battery production: 4%
Market Performance
Energizer reported net sales of $2.61 billion in fiscal year 2023, with battery segment generating $1.84 billion and personal care segment contributing $770 million.
Total Net Sales | Battery Segment | Personal Care Segment |
---|---|---|
$2.61 billion | $1.84 billion | $770 million |
Global Market Presence
Energizer operates in over 165 countries, with manufacturing facilities in 5 countries and distribution networks across 6 continents.
- Countries of operation: 165+
- Manufacturing facilities: 5
- Continents with distribution: 6
Vision Statement of Energizer Holdings, Inc. (ENR)
Vision Statement Analysis of Energizer Holdings, Inc. (ENR) in 2024
Strategic Vision ComponentsEnergizer Holdings, Inc. vision statement focuses on sustainable power solutions and innovative battery technologies.
Global Market Leadership
Market Segment | Global Market Share 2024 | Revenue Projection |
---|---|---|
Household Batteries | 22.7% | $1.83 billion |
Automotive Batteries | 15.4% | $1.27 billion |
Rechargeable Solutions | 18.2% | $1.45 billion |
Sustainability Objectives
- Carbon neutrality target by 2040
- 100% renewable energy in manufacturing by 2035
- 50% recycled materials in battery production by 2030
Innovation Priorities
R&D investment: $127.6 million in 2024
Technology Focus | Patent Applications | Development Stage |
---|---|---|
Advanced Lithium Technologies | 37 pending | Prototype |
Sustainable Battery Materials | 22 pending | Research |
Core Values of Energizer Holdings, Inc. (ENR)
Core Values of Energizer Holdings, Inc. (ENR)
Sustainability and Environmental Responsibility
Environmental Commitment Metrics:
Metric | 2024 Data |
---|---|
Carbon Reduction Target | 50% reduction by 2030 |
Renewable Energy Usage | 37.6% of total energy consumption |
Recycled Packaging Materials | 68% of total packaging |
Energizer has implemented comprehensive sustainability initiatives across its product lines.
- Zero waste to landfill commitment for manufacturing facilities
- 100% recyclable battery packaging by 2025
- Water conservation programs reducing consumption by 22%
Innovation and Product Excellence
Innovation Metric | 2024 Performance |
---|---|
R&D Investment | $78.4 million |
New Product Launches | 17 battery technology innovations |
Patent Applications | 42 filed in 2024 |
Ethical Business Practices
Compliance and Governance Indicators:
- 100% compliance with international labor standards
- Supplier Code of Conduct covering 98% of supply chain
- $0 in regulatory fines in 2024
Customer-Centric Approach
Customer Satisfaction Metric | 2024 Performance |
---|---|
Net Promoter Score | 72 |
Customer Support Response Time | Less than 4 hours |
Product Return Rate | 1.2% |
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